Why Direxion Daily Semiconductor Bull 3X ETF Crashed Today

The whipping post

Key Points Direxion Daily Semiconductor Bull 3X ETF (NYSEMKT: SOXL) has been a market-beater in recent years, but it was a different story today. The exchange-traded fund (ETF) highlighted the downside of leveraged funds, falling as much as 20.9% at 1 p.m. ET as investors rotated out of lofty valuations in the chip sector. Why … Read more

DYNF, NVDA, AAPL, MSFT: Large Inflows Detected at ETF

The whipping post

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Equity Factor Rotation Active ETF (Symbol: DYNF) where we have detected an approximate $337.0 million dollar inflow — that’s a 1.0% increase week over week in outstanding units (from 531,425,000 to 536,525,000). Among … Read more

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Where Will Berkshire Hathaway Stock Be in 5 Years?

The whipping post

The legendary head of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), Warren Buffett, is nearly unmatched in his investing acumen. You don’t get a nickname like “Oracle of Omaha” by being a slouch. Although it sometimes seems like it, his success isn’t from divining the future; it’s from sticking to a clear, disciplined strategy and philosophy … Read more